Thread: Gartley pattern and Elliot Wave theory

It would be great if you could post about verifying Point X as I'm sure others would appreciate it to.

Originally Posted by kor4x

People focus too much on point D whereas the location of point X is the key. Confirmations should be applied to verify both point X and point D.

i gave you guys here the hint that is not mentioned on harmonic trainings. Do the homework now and try to figure out your best methods to confirm both X and D points. By doing it you will learn much more than if anyone else tells you how this can be done
Fingers crossed!

Sounds like a challenge to me :-).
Any resources you could suggest to point us in the right direction?

... that is what we all start to think like: what are the resources, is there anyone that described it, any book, www, etc, etc. I believe at your trading level there is no much more you need to read now, just to play more with the charts. Use your nice templete and next time you see harmonic take very close look on how each of the indicators you have behave, or better how the price behaves ... so to define best entry moment and decide what to do next.

btw:Maybe just try to apply the same techniques that you use to confirm point D to confirm point X ?

A perfect exemple of the Elliott location for the Gartley Pattern.



Adrien

another example of Elliott Wave theory confirming harmonic Gartley pattern validity ->

It is good idea.